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Oil Prices Surge 3% on Reports of Israeli Attack on Iran

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Saudi Arabia Moves Closer to $1 Billion Barrick Pakistan Deal

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US And Britain Announce New Iran Sanctions After Missile And Drone Strike On Israel

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Dubai Airports Reopens After Heavy Rain Check-in Starts for ‘Emirates’ and ‘Flydubai’

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PSX included TPLP & EPCL in JSMFI Index in place of TELE, NETSOL & HUMNL

KSE 100 is down 1,310 points on higher oil prices but still away from halt

Karachi March 7 2022: KSE 100 index is down 2.94 percent or 1,310.4 in todays trading session at Pakistan Stock...

Rebar futures gain 4.3 percent on oil spike, ambitious economic forecast

Rebar futures gain 4.3 percent on oil spike, ambitious economic forecast

Beijing March 7 2022: Chinese ferrous futures rose on Monday, with iron ore hitting a six-month high while other steelmaking...

North Cement manufacturers on Alert after AJK Government Initiation of PKR500 billion mega development package Muzaffarabad December 14, 2021: The Azad Jammu and Kashmir Legislative Assembly was informed on Tuesday that projects costing one hundred billion rupees would be implemented every year out of five hundred billion mega-development package. President Tehreek-e-Insaf (PTI) is true representative of sentiments of people of Azad Jammu and Kashmir, said PTI Azad Kashmir and Senior Minister Sardar Tanveer Ilyas. He said with the proposed package of Rs500 billion for the development projects will definitely be materialised for the people of the areas which have been neglected for years. He added that there would be lot of job opportunities in the package for unemployed educated youths. He said Prime Minister of Pakistan is restless and want to see Azad Kashmir at par with rest of the developed areas of the country. Sardar Tanveer Ilyas expressed these view while presiding over a meeting of the committee constituted to give a shape to the Kashmir Development Package announced by the prime minister on Tuesday. Among others, the meeting was attended by ministers including Abdul Majid Khan, Azhar Sadiq, Chaudhry Rashid, Akmal Sargana, Chaudhry Ali Shan and secretary PND. The meeting discussed at length the Kashmir Development Package and agreed to carve out a comprehensive and implementable package to be approved in the next meeting which will change destiny of people of the region. A summary of the recommendations and proposals of Kashmir development package will be sent to the prime minister for approval, he remarked. The senior AJK Minister said, in the package special projects will be included which will open opportunities for the jobless youths and aimed at facilitating the deprived local people. The participants of the meeting felicitated Prime Minister Imran Khan for announcing a huge package which will bring a revolution in the region. In the proposed package the projects have been included which will felicitate all segments of the society. Later, talking to newsmen after the meeting, Sardar Tanveer Ilyas said that in the proposed package projects will be including which will help raise living standard of the masses living in the neglected and undeveloped areas. He said that the incumbent government will fulfil all the promises which had been made during electioneering. He pointed out that some of the parties belonging to the opposition are in deep trouble after the package has been announced as these parties have no role in the development of the region and they do not want to see people living happy and prosperous life. He pointed out that the people have complete confidence on the Tehree-e-Insaf that is why they had given heavy mandate in the general elections. Speaking during question-hour in the Legislative Assembly in Muzaffarabad, AJK Prime Minister Sardar Abdul Qayyum Niazi said initial work on five hundred billion rupees mega-development package has been completed. He informed the house that fuel price adjustment on electricity generated by the state and not connected with the national grid would be taken up with Federal Government. The AJK PM thanked Prime Minister Imran Khan for assuring twelve billion rupees for the completion of remaining work of 2005 earthquake-damaged infrastructure.

Oil Prices Soar as Russian Embargo Talk Fuels Fears of Supply Shortage

7 March 2022, Oil surged, briefly touching $139 a barrel, in a dramatic start to another tempestuous week after the...

Global Oil Inventories down to pre-pandemic levels says Vitol

US, European allies considering coordinated ban on Russian oil imports: Blinken

Washington DC March 7 2022: The Biden administration is discussing a potential ban on Russian oil imports in conjunction with...

shell

Shell says controversial purchase of Russian crude is to ensure European refinery supply

Amsterdam March 7 2022: Shell said its recent controversial purchase of Russian crude oil was a way to ensure supply...

Global Oil Inventories down to pre-pandemic levels says Vitol

Vitol’s Muller says high oil prices may lead to demand destruction

Geneva March 7 2022: High oil prices are likely to lead to demand destruction amid a scarcity of crude and...

Saudi Arabia’s 5th Housing and Population Census Is Approved to Commence on May 9, 2022

Saudi Arabia ends requirement of quarantine and PCR test before coming to kingdom

Riyad March 6 2022: An official source in the Ministry of Interior stated that, based on the follow-up to the...

Saudi Stock Exchange Main Index Ends Trading Lower at 12,225 Points

Saudi Stock Exchange Main Index Ends Trading Higher at 12,804 Points

Riyad March 6 2022: Saudi Stock Exchange's main index ended trading higher here today, gaining 47.91 points to close at...

King Abdulaziz Port Sets Container Throughput Record

King Abdulaziz Port Sets Container Throughput Record

Dammam March 6 2022: The King Abdulaziz Port in Dammam has recorded the highest daily container throughput at Saudi ports...

FBR ENGAGES EXPERTS OF SBP TO REVIEW PROPERTY VALUATION

FBR made registration mandatory for legalization of Real Estate Development Authorities and Housing societies to meet FATF conditions

Islamabad March 6 2022: No Public Sector Development Department/Authority shall provide any NOC/Approval/Permission to any kind of Real Estate Development...

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